Award

Insurance and Claims Management

NEWARK & SHERWOOD DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

14 Jan 2020 at 11:39

Summary of the contracting process

The Newark & Sherwood District Council has recently completed a procurement process for 'Insurance and Claims Management' services, primarily intended for property risk management. This undertaking falls within the financial and insurance services sector and carries a total contract value of £800,000. The procurement was conducted through an open method, marking it as an open procedure. Although the tender period ended on 25th November 2019, the contract itself commenced on 1st February 2020 and is slated to conclude on 31st January 2022. The procurement was handled from Melton Mowbray in the East Midlands region of the United Kingdom.

This contract presents notable opportunities for businesses specialising in insurance and claims management services, particularly those capable of managing property risk effectively. As the contract has been awarded, businesses looking to excel in this sector should consider aligning their offerings with the needs of local councils, enhancing their capabilities in financial services, and exploring partnerships with established suppliers, such as QBE via Risk Management Partners Limited. Engaging in similar tenders can significantly contribute to business growth by providing essential services to public sector organisations.

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Notice Title

Insurance and Claims Management

Notice Description

Insurance and claims management for property risk in respect of Newark and Sherwood District Council

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-258ed63c-8548-4fc9-b92e-040afeb2a93a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7748ff7e-d4b0-4439-a435-2bac3a131c60
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£800,000 £500K-£1M
Lots Value
Not specified
Awards Value
£800,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jan 20206 years ago
Submission Deadline
25 Nov 2019Expired
Future Notice Date
Not specified
Award Date
14 Jan 20206 years ago
Contract Period
1 Feb 2020 - 31 Jan 2022 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NEWARK & SHERWOOD DISTRICT COUNCIL
Contact Name
Paul Large
Contact Email
plarge@melton.gov.uk
Contact Phone
+44 7769918574

Buyer Location

Locality
MELTON MOWBRAY
Postcode
LE13 1GH
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
TLF East Midlands (England)

Local Authority
Melton
Electoral Ward
Melton Warwick
Westminster Constituency
Melton and Syston

Supplier Information

Number of Suppliers
1
Supplier Name

QBE VIA RISK MANAGEMENT PARTNERS

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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